The Startup Expenses and the link to Taxes

The other day I was looking if some of the expenses prior to incorporating a business may be deducted. It turns out they can, however...

The startup costs go on the corporation return and have to amortized. The amortization period is unbelievably long: 15 years! IRS proudly announce they let you deduct up to $5K ( in case overall startup expenses are <$50K ) in the first year. But unless you had the business registered in the first quarter or you had the product ready by the time you incorporated, though you can carry the $5K loss to the next year, amortizing over 15 year period ( and of course describing each and every expense ) will end up eating more time and money than it will save in taxes. Seems unfair. May be IRS had to close a loophole. Whatever the case, it is not worth the effort including any startup costs on a C Corp tax return.